(Yicai Global) April 30 -- Wuhan, the epicenter of the Covid-19 outbreak, suffered a 40.5 percent decline in its gross domestic product in the first quarter as the virus swept across the nation and overseas.

The secondary industry was the hardest hit, diving 45.4 percent, the city’s Bureau of Statistics said today. The primary sector fell 36.4 percent and services dropped 37.7 percent.

The impact of the virus is mostly short term and the local economy is recovering, the bureau added.

Editor: James Boynton