<sod >The Purchasing Managers' Index for services came in at 54.5 in the month, up from 53 in January and outstripping expectations of a 53.3 reading.< eod>< sod > The Purchasing Managersâ Index for services came in at 54.5 in the month, up from 53 in January and outstripping City of London expectations of a 53.3 reading.< eod>