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Inflation Hits 3%: Coffee Prices Soar Amid Shutdown

10/27/2025

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Story summary
  • Inflation rose to 3% in September, driven by gasoline and grocery prices, per the report released during the government shutdown.
  • Coffee prices surged nearly 19% due to climate change and supply chain issues.
  • Consumers adapt by buying espresso machines to save money.
  • The spice industry expects price hikes, and McCormick & Company aims to stabilize costs.
  • The report's release sets Social Security cost-of-living adjustments at 2.8% starting January 2026.