iPhone 14 Pro Max battery health decreased

Batteries degrade over time with usage due to chemical aging, that's just how they work.

You can expect about a 1% drop per month with average use on an iPhone. This is an approximation, that is why it may be plus or minus a few percent on a month to month basis.

Apple recommends replacing it when it reaches 80%. To check your battery health, go to Settings > Battery > Battery Health.

iPhone Battery Replacement.

iPhone Battery Repair & Replacement - Apple Support

About Lithium Ion Batteries

iPhone battery and performance - Apple Support (IN)

Here are some tips on maximizing battery life.

Batteries - Maximizing Performance - Apple

It's normal, apple is suggesting replacing when it drops below 80%, your it's well above it.

iPhone battery and performance – Apple Support

simar96 wrote:

i have purchased new iphone 14 pro max and it’s battery health decreased to 99 percent in only 1.5 month

That's absolutely fine.

See also:

When to charge your iPhone or iPad - Apple Community