-5.95% is the change from 588 to 553
Calculation steps:
[( 553 - 588 ) ÷ 588] x 100 = -5.95%
Formula
Percentage change = [(553 - 588) / 588] x 100
Subtract the new number by the original number
553 - 588 = -35
-35 ÷ 588 = -0.05952380952380952
-0.05952380952380952 x 100 = -5.95%