diff --git a/mbed/mbed.py b/mbed/mbed.py
index 6f9d115b..f755cf31 100755
--- a/mbed/mbed.py
+++ b/mbed/mbed.py
@@ -52,7 +52,7 @@
 
 
 # Application version
-ver = '1.8.2'
+ver = '1.8.3'
 
 # Default paths to Mercurial and Git
 hg_cmd = 'hg'
diff --git a/setup.py b/setup.py
index c669b69c..94f3a82b 100644
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@
 
 setup(
     name="mbed-cli",
-    version="1.8.2",
+    version="1.8.3",
     description="Arm Mbed command line tool for repositories version control, publishing and updating code from remotely hosted repositories (GitHub, GitLab and mbed.com), and invoking Mbed OS own build system and export functions, among other operations",
     long_description=long_description,
     long_description_content_type="text/markdown",