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The phrase "a further indicator of" is correct and usable in written English.
It can be used when you want to suggest that something provides additional evidence or support for a particular point or conclusion.
Example: "The increase in sales figures is a further indicator of the company's growing market presence."
Alternatives: "an additional sign of" or "a supplementary indication of".
Exact(31)
Manchester United were the only club in the top 10 who did not participate in the Champions League last season, a further indicator of the club's financial strength.
A further indicator of Lincoln's distrust of Pinkerton's professionalism was his subsequent rejection of Pinkerton's offer to serve as the Union's intelligence chief a few months later.
The arrival of Michalak for the largely ineffectual James O'Connor, with Cooper switching to full-back, was a further indicator of home disquiet and a second sweet drop-goal from Ford briefly put Bath in front for a third time.
In a further indicator of its plans, Uber is currently hiring for two positions in Myanmar.
A further indicator of labour market tightness is provided by constructing a measure of local labour market job insecurity.
The plotting of four data points (two pages per folder at two margin locations in triplicate) for each year sampled, shows the variability of measurement as a further indicator of change in the document.
Similar(29)
It's an further indicator of the lack of consensus about truth-making and grounding that even other philosophers who are willing to take both these notions seriously and conceive of them as constitutively related, e.g., Cameron, find it "natural", as he puts it (2010: 184), to define grounding in terms of truth-making rather than the other way around as Schaffer proposes.
This finding is a further indicator for the fine-tuned composition of microbial effectomes.
A further indicator was the removal of Geoff Cameron for Jonathan Walters at half-time, Hughes deciding to field a more traditional centre-forward rather than the more ephemeral qualities of Krkic.
This approach can be used to derive a further indicator, the average duration of time since diagnosis at which cure can reasonably be declared (see Appendix for equations).
Tuesday earnings releases provided further indicators of a weakening U.S. economy.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com