What is the meaning of factor in the following sentence?
Some also count built-in inflation as a third cause. This factors people’s expectations of future inflation. When prices rise, labor expects an increase in wages to keep up. But higher wages raises the cost of production, which raises prices of goods and services again. When this cause-and-effect continues, it becomes a wage-price spiral.
Source of the sentence: https://www.thebalance.com/what-is-inflation-how-it-s-measured-and-managed-3306170