SEOUL, Oct. 29 (Xinhua) -- South Korea's real wages, adjusted for inflation, rebounded in August for the first time in five months as nominal wage growth outpaced consumer inflation, labor ministry data showed Thursday.
The average nominal monthly wage per worker in businesses with one or more regular employees stood at 4,093,000 won (about 3,060 U.S. dollars) in August, up 3.9 percent from a year earlier, according to the Ministry of Employment and Labor.
The inflation-adjusted real monthly wage gained 0.8 percent year on year to 3,409,000 won in August, marking the first growth since March.
A faster increase in nominal wages than headline inflation led to the real wage rebound. ■
