-1.12% is the change from 623 to 616
Calculation steps:
[( 616 - 623 ) ÷ 623] x 100 = -1.12%
Formula
Percentage change = [(616 - 623) / 623] x 100
Subtract the new number by the original number
616 - 623 = -7
-7 ÷ 623 = -0.011235955056179775
-0.011235955056179775 x 100 = -1.12%