-1% is the change from 701 to 694
Calculation steps:
[( 694 - 701 ) ÷ 701] x 100 = -1%
Formula
Percentage change = [(694 - 701) / 701] x 100
Subtract the new number by the original number
694 - 701 = -7
-7 ÷ 701 = -0.009985734664764621
-0.009985734664764621 x 100 = -1%