-1.65% is the change from 423 to 416
Calculation steps:
[( 416 - 423 ) ÷ 423] x 100 = -1.65%
Formula
Percentage change = [(416 - 423) / 423] x 100
Subtract the new number by the original number
416 - 423 = -7
-7 ÷ 423 = -0.016548463356973995
-0.016548463356973995 x 100 = -1.65%