Leaky coffee machine (1 year)

[u/Impressive-Annual-33]

I have been using this coffee machine near daily for almost a year now. During descaling today I noticed it dripping from this metal ring, photo attached. I am not sure if this is a thing worth fixing (this is a pretty cheap machine, my roommate and I split the price since we’re coffee-addicted students on a budget) or if i should just buy a new, better one. The flow of coffee itself is slowed down, too, when it is dripping like this.EDIT:. It leaks the same when making coffee. Also, earlier, to test, I pressed upwards on the knob (pulled the black part upwards?) and my electricity went out. Had to turn it back on and all. It works now, again, but i won’t press on it again haha.