The results of the January 2013 IEER SME Outlook business climate survey reveal more favourable economic conditions compared to the previous quarter. The SME Outlook Business Climate Index (BCI) increased from -6.6 to 5.4 percentage points, which is the highest value since July 2011. Regarding the Uncertainty Index stagnation can be observed, which means that there is no change in the perception of the SMEs about their current and expected business situation. The Uncertainty Index is at a current level of 41 percentage points, which is almost the same as the value measured in the preceding quarter (it was 42 percentage points in October 2013).