Monthly market pulse

June 2026 Google Ads Market Benchmarks:
Highlighting the biggest KPI shift in the market.

Illustration of smec Market Observer - the Google Ads Benchmarks

undefinedundefinedThe biggest movers

Highlighting the biggest KPI shift in the market last month.

Metric & Trend

Context

Search CPC: 0.46€

+7% MoM
 

After holding almost flat for nearly a year, Search CPC has started to climb, rising from 0.43€ to 0.46€. The shift is notable given the context: following a turbulent year of surging PMax and Shopping CPCs, those channels now appear to be calming down—just as Search picks up the slack.

Amazon Shopping Impr. Share: 43%

+13% MoM

Amazon is ramping up its median Shopping impression share, climbing from 38% to 43% in a single month. The timing is telling: the surge comes as major Chinese competitors brace for the EU tariffs taking effect July 1st.

Search Conversion Rate: 5%

-19% YoY

Search conversion rates continue to gravitate around the 5% mark, down from roughly 6.2% a year ago. This year-over-year downtrend set in at the start of 2026 and has held steady since, marking a clear step down from last year's levels.


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Amazon is tightening its grip on Shopping in June, with median impr. share jumping from 38% to 43%*. | Source: Google Ads Benchmarks by smec
* Note: Final-week data for June is not yet completely available in Auction Insights.
 

 undefined Industry watch

June 2026 Cost-per-click (CPC) trends per industry (Median data, Month-over-Month)

undefined Electronics: +13.7%

undefined Health / Beauty: +5.6%

undefined DIY / Powertools: -2.2%

Want to see how these trends impacted your specific industry?

Check out the live data in the smec Market Observer.