diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 93c9ef6..4aa896b 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "1.6.0"
+    ".": "1.7.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 43c6db1..9fb2685 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,20 @@
 
 <a name="v1.5.2"></a>
 
+## [1.7.0](https://github.com/Flagsmith/flagsmith-common/compare/v1.6.0...v1.7.0) (2025-04-04)
+
+
+### Features
+
+* Add common namespace for metrics ([#40](https://github.com/Flagsmith/flagsmith-common/issues/40)) ([7588379](https://github.com/Flagsmith/flagsmith-common/commit/7588379b19e13ff2173bb34221389cb809ac6513))
+* Add Task Processor metrics ([#27](https://github.com/Flagsmith/flagsmith-common/issues/27)) ([d0ea561](https://github.com/Flagsmith/flagsmith-common/commit/d0ea5619b6e711bccd023655dd2858dfdf33aeef))
+
+
+### Bug Fixes
+
+* `PROMETHEUS_MULTIPROC_DIR` deleted prematurely ([#38](https://github.com/Flagsmith/flagsmith-common/issues/38)) ([ca396df](https://github.com/Flagsmith/flagsmith-common/commit/ca396df49a2b872f0dceca1bde08696f9d45fe43))
+* Unnecessary regex path definitions for `/metrics`, `/version`, healthcheck routes ([#36](https://github.com/Flagsmith/flagsmith-common/issues/36)) ([5550108](https://github.com/Flagsmith/flagsmith-common/commit/55501086ca061ee25c3c4e945d86abf6afd94dc0))
+
 ## [1.6.0](https://github.com/Flagsmith/flagsmith-common/compare/v1.5.2...v1.6.0) (2025-04-03)
 
 
diff --git a/pyproject.toml b/pyproject.toml
index 88e6f8e..fc78108 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "flagsmith-common"
-version = "1.6.0"
+version = "1.7.0"
 description = "Flagsmith's common library"
 requires-python = ">=3.11,<4.0"
 dependencies = [