-1.23% is the change from 977 to 965
Calculation steps:
[( 965 - 977 ) ÷ 977] x 100 = -1.23%
Formula
Percentage change = [(965 - 977) / 977] x 100
Subtract the new number by the original number
965 - 977 = -12
-12 ÷ 977 = -0.012282497441146366
-0.012282497441146366 x 100 = -1.23%