Footfall believes the results showed an extremely closecorrelation between the retail sales volume figures formonth-on-month and year-on-year after seasonal adjustments had beenmade. The FootFall sales volume indicator figures for September,for example, showed a 4.8% increase on the same month the previousyear, only 0.2% higher than the ONS data at 4.6%.

This economic indicator is vital to retailers and retailanalysts when considering the performance of retailers andanalysing the state of the market. John Gallagher, managingdirector of FootFall, said: 'The key difference between our salesvolume indicator and the ONS figures is that it is available withinthree days of the end of the month making it the fastest tool ofits kind.

'Sales volume information is of vital importance to retailersand retail analysts and having access to it sooner will enableretailers to see the issues of the previous month and reactimmediately.'

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