Even as the government assures adoption of a slew of measures to contain and moderate inflation, industry chamber, Federation of Indian Chamber of Commerce and Industry (FICCI) points out that projected inflation will remain above the 7 per cent level till the end of December 2008. Against the background of rising prices, the chamber's survey, FICCI Survey on Inflationary Expectations, says Indian industry has high inflationary expectations. A majority of the 317 companies that were surveyed feel the current bout of inflation is largely due to factors that cannot be really influenced by monetary policy measures. "Rising oil prices, rising commodity prices and rising food prices are a global phenomenon and these cannot be influenced through the monetary policy. It is therefore important that the authorities take a re-look at the anti-inflationary package,' the survey adds.