- The headline services PMI activity index rose to 54.5 in January from a 20 month low of 49.7 in December.
- It was well above forecasts for a reading of 51.4.
- Markit said that some businesses had received additional orders in January, displaced from December because of the snow.
- Chris Williamson, chief economist at survey compiler Markit said that week's PMI surveys indicated the economy was growing at an underlying quarterly rate of around 0.4 pct.
- The input cost index rose to 65.8 from 60.5, the largest jump since the survey began in 1996.