-0.7% is the change from 716 to 711
Calculation steps:
[( 711 - 716 ) ÷ 716] x 100 = -0.7%
Formula
Percentage change = [(711 - 716) / 716] x 100
Subtract the new number by the original number
711 - 716 = -5
-5 ÷ 716 = -0.006983240223463687
-0.006983240223463687 x 100 = -0.7%