Hello everyone!
I hope you're doing fine.
I have the following picture. I would like to analyse by how much did the consumer spending on bread and cereal products decreased?. Which of this two approaches ir right:
1. It decreased 1.8% = 14.6% - 16.4%
or
2. It decreased 10.9% = (14.6% - 16.4%)/16.4%
Thank you very much.