-5.53% is the change from 977 to 923
Calculation steps:
[( 923 - 977 ) ÷ 977] x 100 = -5.53%
Formula
Percentage change = [(923 - 977) / 977] x 100
Subtract the new number by the original number
923 - 977 = -54
-54 ÷ 977 = -0.05527123848515865
-0.05527123848515865 x 100 = -5.53%