-1.56% is the change from 704 to 693
Calculation steps:
[( 693 - 704 ) ÷ 704] x 100 = -1.56%
Formula
Percentage change = [(693 - 704) / 704] x 100
Subtract the new number by the original number
693 - 704 = -11
-11 ÷ 704 = -0.015625
-0.015625 x 100 = -1.56%