SEOUL, May 28 (Xinhua) -- South Korea's real wage, adjusted for inflation, grew more slowly in March amid faster inflation, labor ministry data showed Thursday.
The per-capita nominal monthly average wage in businesses with one or more regular employees gained 2.3 percent over the year to 4,230,000 won (about 2,800 U.S. dollars) in March, according to the Ministry of Employment and Labor.
The real monthly wage added 0.1 percent in March on a yearly basis, lower than an increase of 15.5 percent in the previous month.
The headline inflation mounted from 2.0 percent in February to 2.2 percent in March, rising above the central bank's mid-term inflation target of 2.0 percent.
The monthly average working hours per employee in the businesses advanced 2.8 percent to 157.6 hours in March compared to the same month of last year.
The water supply, sewage, waste management and materials recovery industry logged the longest monthly working hours of 173.9, followed by the manufacturing sector with 173.5 hours.
The construction industry recorded the shortest working hours of 130.8 in the cited month. ■
