-2.99% is the change from 167 to 162
Calculation steps:
[( 162 - 167 ) ÷ 167] x 100 = -2.99%
Formula
Percentage change = [(162 - 167) / 167] x 100
Subtract the new number by the original number
162 - 167 = -5
-5 ÷ 167 = -0.029940119760479042
-0.029940119760479042 x 100 = -2.99%