Volume Index of Capital Services (experimental)

A volume index of capital services (VICS) measures flows of capital services from capital assets, of all types and ages, which exist in an industry, sector, or in the whole economy. The VICS weights together the growth of the net stock of assets using weights that reflect the relative productivity of the different assets that make up the capital stock. Source agency: Office for National Statistics Designation: Experimental Official Statistics Language: English Alternative title: VICS