1.08% is the change from 554 to 560
Calculation steps:
[( 560 - 554 ) ÷ 554] x 100 = 1.08%
Formula
Percentage change = [(560 - 554) / 554] x 100
Subtract the new number by the original number
560 - 554 = 6
6 ÷ 554 = 0.010830324909747292
0.010830324909747292 x 100 = 1.08%