Brussels, 06/05/2002 (Agence Europe) - The business climate indicator (reflecting business leaders' confidence in the twelve eurozone countries) fell by 0.05% between March and April to -0.64. The European Commission argues that this was driven by the "worsening in opinions about production trends in the recent past, while production expectations remained unchanged". The erosion has to be put into perspective since the index remains quite high compared with the level it was at in November 2001 (-1.19). The economic sentiment indicator (measuring confidence among the main economic stakeholders) fell by 0.1% from 99.5 in March to 99.4 in April. This is the first fall in this indicator in 2002. The indicator of household confidence fell by 1 point from -9 in March to -10 in April, while the industry indicator remained stable at -11.