Despite the difficult economic climate in recent years, wage increase continues to outstrip inflation for the third consecutive year, said Minister of Cooperatives, Labor and Social Affairs Ali Rabiei on Wednesday. Speaking to reporters after the meeting of the High Council of Labor, Rabiei noted that the minimum wage set for the new Iranian year (to start on March 20) will see a 14% rise compared to the current year and reach 8.12 million rials ($237 at market exchange rate) per month.